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【$FHE Signal】Pullback on Long + Confirmation of Strong Breakout After 1H Level
$FHE The 1H level completed a volume breakout in the early morning, with the price rising strongly from 0.0317 to 0.038, currently in a high-level consolidation. The 4H level has formed three consecutive bullish candles, confirming a bottom reversal trend. The current 1-hour RSI is in the high zone, and the price has moved far away from the short-term moving averages. Chasing the high directly carries great risk, but the trend is established, and a pullback is an opportunity.
🎯Direction: Long (Pullback Pending Order)
⚡Entry/Order: 0.0321 - 0.0329
🛑Stop Loss: 0.0305
🚀Target 1: 0.0365
🚀Target 2: 0.0395
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for Target 2. If the price pulls back and breaks below the lower boundary of the entry zone, abandon this trade.
(Depth Logic: Over the past 4 hours, open interest has remained stable. The price surged without a decrease in open interest, indicating that it’s not just short covering but new funds are entering. The buy-side depth on the 1-hour chart is accumulating at key levels, showing support willingness below. Although the current price is high, the 4-hour EMA50 has turned upward, providing medium-term support for the trend. The ideal entry zone is precisely the pullback confirmation after the previous breakout, offering an excellent risk-reward ratio. )
View real-time market 👇 $FHE
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